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Various developments – both technological and social – are putting pressure on companies’ revenue models and the organization of different fields of expertise. According to ORTEC’s Patrick Hennen, our interlocutors signal that climate change, digitization, and the call for more diversity, inclusion and transparency influence the way we do business, the way we look at data and the way we envision the future of our planet. “And Covid-19 has simply accelerated ‘Industry 4.0’.”
Will AI take over our jobs? Perhaps even take over the world? And what about malicious intent? There are all kinds of myths surrounding Artificial Intelligence (AI). With extensive focus on such issues, little attention is being devoted to the opportunities that algorithms and AI offer us. There are opportunities all around us, even for solving complex (social) issues. Yet... these opportunities need to be identified and tackled. What (hidden) opportunities are out there? What are the myths? And are these myths also risks? In this second part out of two, we take a closer look at the myths. Missed part one about the opportunities? You can read it here.
A conversation with Gerrit Timmer, Co-founder and Chief Science Officer (CSO) at ORTEC
Bremen, March 2022 - Software company ORTEC GmbH today announced that its logistics add-on, ORTEC for SAP S/4HANA® rel. 4.0, has achieved SAP certification as integration with SAP S/4HANA. The certification was issued by the SAP Integration and Certification Center in Walldorf.
Starting Episode About Circular Economy and Circularity
Part 1
The term circular economy may seem relatively new, but it’s based on ancient principles that will shape the way we do business in the future. Circularity will become instrumental to achieve profitable growth while protecting the environment. It can reach its full potential when applied systematically, using current technologies and innovations that are still in development. This article is the first in a series that will explore the digital and physical aspects of circularity from different perspectives.
By Sven Seidler, Director Consulting, ORTEC Data Science & Consulting
Mathematics has unnoticeably an enormous impact on our lives. Mathematics is everywhere. It helps us to make better decisions, and to solve tomorrow’s challenges. Discover yourself how our universe communicates in numbers.
March 16, 2022
Will AI take over our jobs? Perhaps even take over the world? And what about malicious intent? There are all kinds of myths surrounding Artificial Intelligence (AI). With extensive focus on such issues, little attention is being devoted to the opportunities that algorithms and AI offer us. There are opportunities all around us, even for solving complex (social) issues. Yet... these opportunities need to be identified and tackled. What (hidden) opportunities are out there? What are the myths? And are these myths also risks? In this first part out of two, we take a closer look at the opportunities presented by AI.
A conversation with Gerrit Timmer, Co-founder and Chief Science Officer (CSO) at ORTEC
Automotive manufacturers have idled production, beverage producers are faced with glass bottle shortages, and demand for paper has been vastly outstripping supply. All this is compounded by acute staff shortages across a variety of industries. Is there any way of avoiding these types of problems in the future? “There’s no reason to stop using global supply chains altogether, unless you’re considering environmental factors. But we must do a better job in identifying bottlenecks and make the system less prone to vulnerabilities, so as to ensure that potential disruptions have a less detrimental impact.”
Interview with Gerrit Timmer, co-founder and Chief Science Officer (CSO) at ORTEC
Transportation and supply chain managers are facing a complex challenge: can they start transitioning to zero-emission mobility at a reasonable cost, without impacting daily operations? It’s an issue they can no longer postpone.
Supporting our customers in the transition to e-mobility is an important strategic topic for ORTEC. It’s an area where we can have a lot of positive impact and live up to ORTEC’s mission: Improving the world using our passion for mathematics. To engage with our customers on this topic and help them embark on this journey, we are publishing a series of articles. In this first article, we share our vision on how mathematics and data can accelerate the transition to e-mobility. We also explain how an explorative innovation workshop enables you to get internal alignment and identify which challenges are worth solving first.
Scarcity seems to be everywhere: employees, raw materials, containers, computer chips, production capacity - all of these are scarce. The COVID-19 pandemic has disrupted global supply chains for the past two years. Experts don’t expect stability to set in until 2024.
How can data and advanced analytics techniques, like AI/ML and optimization, help us deal with scarcity? What is the added value of sharing data in the supply chain?
Interview with Goos Kant, Managing Partner at ORTEC and professor of Logistics Optimization at Tilburg University & Jheronimus Academy of Data Science. This is a complementary article to A Positive View on Workforce in Times of Scarcity.
As consumers have changed their habits, they expect their groceries to be delivered to their doorstep just like everything else. How can retailers take up the challenge?
In the last few years, one of the terms that have dominated the retail industry is e-grocery. This is an expected development as e-commerce is growing rapidly in every industry, due to technological evolution, the frenetic pace of life of most people, and, last but not least, the emergence of the COVID-19 pandemic. By the term e-grocery, we essentially refer to the process of ordering groceries through an e-commerce platform and having them delivered to your doorstep. The convenience of online shopping and fast delivery have won consumers. However, the process of delivering groceries is not as straightforward as other e-commerce deliveries, as it involves a number of challenges and complexities that must be overcome. What can retailers do to ensure that the goods are delivered in a timely and efficient manner, without cutting into margins? Customized software solutions with advanced optimization technology might be the answer to all of these challenges.